Algeco Scotsman appoints new CFO

By Murray Pollok03 August 2011

Tom Kloster, Algeco Scotsman's chief financial officer.

Tom Kloster, Algeco Scotsman's chief financial officer.

Algeco Scotsman has appointed Tom Kloster as its new chief financial officer (CFO), replacing previous CFO Tim Stonefiser.

Mr Kloster comes from Primus Telecommunications Group, a $1 billion company, where he was CFO. Before that he held positions at Sprint and MCI and spent 10 years at Ernst & Young and PriceWaterhouseCoopers.

In his new post he will have responsibility for implementing selected Algeco Scotsman strategic initiatives and strengthening the global finance organisation.

"Tom's expertise, specifically with multi-national organizations, makes him a valued addition to the Algeco Scotsman leadership team," said Duncan Gillis, Algeco's CEO.

Algeco Scotsman rents modular space and storage in North America (where it is known as Williams Scotsman), continental Europe (as Algeco) and the UK (Elliott). It also rents in the Middle East.

Latest News
HED announces new joint partnership
HED, Inc. (Hydro Electronic Devices) has entered a joint sales and technology agreement with TTControl. 
Central Contractors streamlines operations with new HQ
The 13-acre Illinois property offers more than 50,000 square feet of combined maintenance space. 
JLG sales up 48%, expects record full year revenues
JLG sales up 48% during three months to Dec. 31, 2021, reports historical high backlog